Three-Unit Retail
For Sale
$500,000
1 BEVERLY HILLS, Beverly Hills, FL 34465
GNC-zoned property with separate electrical metering for each suite.
Property Size3,800 SF
Lot Size0.44 Acres
Price / SF$131.58
Days on Market49
Property Features for 1 BEVERLY HILLS
General Information
Standard status
Active
Size
3,800 SF
Lot size
0.44 Acres
Property subtype
Commercial
Zoning
GNC
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,868
Building Details
Building Size
3,800 SF
Year Built
1964
Buildings
1
Tenancy
Multi
Listing Agency:
REMAX REALTY ONE
Listed By:
David Ivory · License #3109873
(352) 613-4460
Source:
Elliman
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 4 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX REALTY ONE
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Investment Insights
Based on property information with market context.
Built in 1964, this 3,800-square-foot commercial building occupies 0.44 acres and contains three individual retail units. Each unit has a dedicated electrical meter, while recent improvements include a newer roof and updated electrical panels. The property also provides approximately 19+ parking spaces.
The building sits at the intersection of Highway 491 and Beverly Hills Blvd in Beverly Hills, Florida. Nearby national retailers and service providers include Walmart Supercenter, Target, Walgreens, ALDI, Dollar General, and AutoZone. The site has a Walk Score of 0 and a Bike Score of 25, reflecting a primarily vehicle-oriented setting.
The building sits at the intersection of Highway 491 and Beverly Hills Blvd in Beverly Hills, Florida. Nearby national retailers and service providers include Walmart Supercenter, Target, Walgreens, ALDI, Dollar General, and AutoZone. The site has a Walk Score of 0 and a Bike Score of 25, reflecting a primarily vehicle-oriented setting.
Key Highlights
- 3,800‑square‑foot commercial building on 0.44 acres
- Three individual retail units with separate electrical meters
- GNC zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,509
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,180
$730.2K
Cap Rate 7%
$521,557
$521.6K
Cap Rate 9%
$405,656
$405.7K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$57.0K $15.00/SF
− Vacancy
−$4.8K −$1.28/SF
EGI
$52.2K $13.73/SF
− OpEx
−$15.6K −$4.12/SF
NOI
$36.5K $9.61/SF
Area
Citrus County, FL
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,180
Cap Rate 7%
$521,557
Cap Rate 9%
$405,656
Alternative Uses
Best Use
Retail
$521.6K
$456.4K – $608.5K
NOI $36,509 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$853.9K
$747.1K – $996.2K
NOI $59,770 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Dollar General
Shops & Services
8,547 visits/mo
0.1 miles
H&R Block
Shops & Services
2,016 visits/mo
0.2 miles
Papa John's Pizza
Dining
1,627 visits/mo
0.2 miles
SUBWAY
Dining
1,413 visits/mo
0.1 miles
Cadence Bank
Shops & Services
800 visits/mo
0.5 miles
Demographics for 34465, FL
17,960
Population
9,466
Households
1.9
Avg Household Size
58
Median Age
22%
College-Educated
92%
High-School Grad
24.3 sq mi
ZIP Area
739
Density / Sq Mi
$55,513
Median Household Income
$32,536
Median Earnings
$1,146
Median Rent
$233,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - GNC-zoned property with separate electrical metering for each suite.
Where is this storefront property located?
The property is located at 1 BEVERLY HILLS Beverly Hills, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,800‑square‑foot commercial building on 0.44 acres; Three individual retail units with separate electrical meters; GNC zoning
